News Flash

DNV launches real-time emissions data verification solution for trusted collaboration across maritime value chain

DNV has launched Emissions Connect, an emissions data verification engine and data management platform, designed to help the maritime industry...
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Black Sea grain deal elusive despite resumption of ship inspections

Inspections of ships carrying Ukrainian grain from the Black Sea resumed on Wednesday under a U.N.-brokered deal, but Kyiv said...
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Container oversupply risk looms over China with empty containers at ports

Asia’s maritime and supply chain industry is on a tumultuous ride, experiencing significant disruptions in trade patterns resulting in container...
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Baltic index edges up on panamax, supramax gains

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session losing streak...
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Palm finishes lower as heavy crude losses weigh

Malaysian palm oil futures finished lower on Wednesday, as a sharp drop in crude prices weighed on sentiment, while profit-taking...
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India, Russia talk free trade deal in step-up of relations

India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that...
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TK Ramachandran is the New Dredging Corporation Chairman

Dredging Corporation of India (DCI) has appointed TK Ramachandran Chairman of VOC Port Tuticorin as Chairman of the company. His...
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Sea Surface Temperatures Worldwide Reach An All-Time High Breaking All Records

This April, sea surface temperatures (SSTs) around the world are at their highest levels ever. Notably, the Indian Ocean region...
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Container terminal operator margin pressure to ease

Container terminal operator earnings have declined as slowing trade and escalating costs have brought margins under pressure. But an improving...
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Port of Antwerp-Bruges throughput hit by macroeconomics, war

First quarter throughput at the Port of Antwerp-Bruges dropped by4.5% on-year, reflecting changing European trade flows. The port said that...
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Container spot rates on a ‘likely recovery path’: HSBC

In its Global Freight Monitor HSBC noted with surprise that the Shanghai Containerized Freight Index (SCFI) has climbed 8% week-on-week...
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Nippon Express in talks to buy Logistics firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logisticsprovider Cargo-Partner GmbH, people with knowledge of the matter said.The...
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PIL : Successful delivery of ISO tank containers from Nansha to Port Kuching

Testament to its operational efficiencies and capabilities, PIL hassuccessfully delivered a special cargo of two ISO tank containers with TSD...
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Argentina Port Strikes Halt Grains Shipments, More Protests Planned

The grains inspectors of Argentina kick-started a 24-hour strike on Monday to demand bonus payments, but port activities and the...
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Chevron and the Angelicoussis Group Announce Ammonia Carrier Joint Study Agreement

Chevron Corporation, through its subsidiary Chevron Shipping Company LLC, and the Angelicoussis Group, through its Energy Transition division, Green Ships,...
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PCT S.A. welcomes in the port of Piraeus, one of the largest container ships in the world

On April 17th, 2023, Piraeus welcomed OOCL SPAIN on its maiden voyage – one of the largest container ships (mega...
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Russian Oil Trade Remains Robust, But For How Long?

Russia’s ability to maintain oil production levels, while also finding new export markets has been a topic of debate over...
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Pacific Basin: “Improving Sentiment in the Supramax and Handysize Dry Bulk Market During First quarter 2023”

Following dry bulk market weakness at the start of the year, expanding economic activity in China has led to increased...
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Cochin Port Authority puts in place new fresh water supply arrangements for ships

The Cochin Port Authority (CPA) has put in place arrangements for fresh water supply to ships with its contractor Amrut...
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ClassNK Issues AIP For Ammonia Fuelled Gas Carrier

ClassNK has issued an Approval in Principle (AiP) for an ammonia fuelled gas carrier which has been jointly developed by...
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